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Thursday, July 27, 2017

Texas energy company to lay off 108 employees in Maryland

Direct Energy Solar will lay off 108 employees and close its Columbia office in September, the company notified the state on Tuesday.

The Howard County solar energy company used to be known as Astrum Solar. Houston-based Direct Energy acquired Astrum for $54 million in 2014 and rebranded the firm as Direct Energy Solar in 2015. That same year, the firm moved its headquarters from Annapolis Junction to Columbia.

Direct Energy Solar said in 2015 it had 145 employees in Columbia. In the filing on Tuesday, the company reported to state officials that the layoffs were part of a "plant closure," the term used in the state's WARN notification log.

The layoffs are part of a shift in the business model, Direct Energy Solar said in a statement. The firm decided to move away from doing residential installations and will instead focus on developing community solar projects and energy storage systems. Direct Energy also said the change will it allow it to concentrate more on growing its commercial business.More

Anyone heard of ViVint? Promoting residential service (solar panels)at no cost for installation or maintenance. Supposedly subsidized by the state. They own the system but initial contract is for 20 years and homeowner pays them instead of the utility. Too good to be true?

7:13, What country? Can we deal in FACTS? Solar City has been in the free install/ 20 year market described by2:00 pm about Vivint. So, If Elon is junking that market, is Vivint far behind? Your 20 year "contract" with them will be worth how much in 20 years, or 10? Or 3, for that matter...

Elon is just chasing the next new government handout in giant public utility solar farms paying him millions while charging us rate payers at out coal based electric meters.

It won't be many more years until they are all built and the maintenance will be needed when Elon will be sucking the next government teat and abandoning all liability for the solar farms like he's doing with private solar now.